Former Coinbase, Jump, Citadel quants land $20M for onchain HFT platform

Web3 startup aPriori has raised a total of $30 million to expand its onchain trading platform as institutional DeFi demand grows.

Web3 startup aPriori has raised $20 million to expand its trading infrastructure platform, which aims to bring high-frequency trading (HFT) onchain and address technical and market challenges in decentralized finance (DeFi). The raise comes as institutional investors show growing interest in DeFi as an alternative source of yield.

The round included participation from Pantera Capital, HashKey Capital, Primitive Ventures, IMC Trading, Gate Labs and others, bringing the company’s total funding to $30 million.

Founded in 2023, the San Francisco–based company was started by former quant traders and engineers with experience at Coinbase, Jump Trading and Citadel Securities.

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